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This analysis uses ABS Statistical Areas Level 2 (SA2) boundaries, which can materially differ from Suburbs and Localities (SAL) even when sharing similar names.
SA2 boundaries are defined by the Australian Bureau of Statistics and are designed to represent communities for statistical reporting (e.g., census and ERP).
Suburbs and Localities (SAL) represent commonly-used suburb/locality names (postal-style areas) and may use different geographic boundaries. For comprehensive analysis, consider reviewing both boundary types if available.
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Sales Activity
Curious about local property values? Filter the chart to assess the volume and appreciation (including resales) trends and regional comparisons, or scroll to the map below view this information at an individual property level.
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Sales Detail
Population
Population growth drivers in Sydney (South) - Haymarket are strong compared to national averages based on AreaSearch's ranking of recent, and medium to long-term trends
Sydney South Haymarket's population was approximately 24,760 as of May 2026. This figure represents an increase of 4,825 people from the 2021 Census total of 19,935. The change is inferred from ABS estimates: 24,758 in June 2025 plus 280 new addresses since the Census date. This results in a population density of 22,925 persons per square kilometer, placing it in the top 10% nationally. Growth since the 2021 Census was 24.2%, surpassing state (7.1%) and Greater Sydney averages. Overseas migration contributed approximately 95.7% of population gains recently.
AreaSearch uses ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For uncovered areas, NSW State Government's SA2 level projections are used, released in 2022 with a base year of 2021. Growth rates by age group from these aggregations are applied to all areas for years 2032 to 2041. By 2041, the area is forecasted to increase by 9,360 persons based on latest ERP population numbers, reflecting a total gain of 37.8% over the 16-year period.
Frequently Asked Questions - Population
Development
The level of residential development activity in Sydney (South) - Haymarket was found to be higher than 90% of real estate markets across the country
Sydney South Haymarket averaged approximately 170 new dwelling approvals annually over the past five financial years, totalling 854 homes. As of FY26, no approvals have been recorded yet. Each dwelling built has attracted an average of 2.3 new residents per year between FY21 and FY25, indicating strong demand that supports property values. The average construction cost value of these new homes is $573,000, reflecting a focus on the premium segment with upmarket properties.
This financial year, there have been $163.7 million in commercial approvals, demonstrating high levels of local commercial activity. Compared to Greater Sydney, Sydney South Haymarket has recorded elevated construction rates, 36.0% above the regional average per person over the past five years. All new constructions have been townhouses or apartments, offering affordable entry pathways and attracting downsizers, investors, and first-time purchasers.
According to AreaSearch's latest quarterly estimate, Sydney South Haymarket is projected to add 9,358 residents by 2041. If current development rates continue, housing supply may not keep pace with population growth, potentially increasing competition among buyers and supporting stronger price growth.
Frequently Asked Questions - Development
Development applications around Sydney (South) - Haymarket
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SOURCE: Planning portals and council registers, compiled by AreaSearch. Distance & bearing measured from the suburb midpoint.
Infrastructure
Sydney (South) - Haymarket has very high levels of nearby infrastructure activity, ranking in the top 10% nationally
Changes to local infrastructure significantly influence an area's performance. AreaSearch has identified 71 projects likely impacting the area. Notable projects include Central Place Sydney, Mariyung Fleet (New Intercity Fleet), Atlassian Central, and Harbourside Redevelopment by Mirvac. The following list details those most relevant.
Professional plan users can use the search below to filter and access additional projects.
INFRASTRUCTURE SEARCH
Denotes AI-based impression for illustrative purposes only, not to be taken as definitive under any circumstances. Please follow links and conduct other investigations from the project's source for actual imagery. Developers and project owners wishing us to use original imagery please Contact Us and we will do so.
Frequently Asked Questions - Infrastructure
Tech Central Innovation Precinct
Tech Central is Australia's largest innovation precinct, a six square kilometre district linking Haymarket, Ultimo, Surry Hills, Camperdown, Darlington, North Eveleigh and South Eveleigh. It includes technology companies, startups, research institutes, universities and venture capital networks. Current delivery includes the operational Tech Central Innovation Hub at 477 Pitt Street, the Atlassian Central tower under construction beside Central Station, and the approved Central Precinct rezoning enabling about 950 homes, 2400 jobs and 13500 square metres of open space.
Central Precinct Renewal Program
A 24-hectare State Significant Precinct transforming Sydney's Central Station hub into a major mixed-use district at the southern end of the CBD. The Minister for Planning and Public Spaces approved a revised rezoning in August 2025, which removed the over-station development (OSD) component and shifted future development focus to four sub-precincts: Regent Street Sidings, Goulburn Street Car Park, Prince Alfred Sidings, and Mortuary Gardens. The rezoning enables delivery of approximately 950 new homes (30 percent affordable housing), capacity for up to 2,400 new jobs, and 13,500 square metres of new public open space. Development applications can now be lodged for sites within the precinct. Early delivery initiatives already underway include the Western Gateway sub-precinct (Atlassian Central tower, Adina Hotel/Block C, and Dexus/Frasers commercial blocks) and the Sydney Terminal Building Revitalisation, where Stage 1 works at Eddy Avenue Plaza and Colonnade are progressing through 2026. The program forms a key part of the broader Tech Central innovation district vision and aligns with the NSW Government's National Housing Accord commitments.
Central Place Sydney
A $3 billion flagship commercial development serving as the centrepiece of Sydney Tech Central. The project comprises approximately 155,000sqm of commercial and retail space across two sustainable office towers (37 and 39 storeys) and a low-rise 8-storey building known as the Connector. Designed by SOM and Fender Katsalidis, the development features AI-powered closed cavity facades, 100% renewable energy operations, and extensive public realm improvements connecting to Central Station.
The Post House
A 45-storey mixed-use tower in the Tech Central precinct, also known as TOGA Central. The development integrates the heritage-listed former Parcels Post Office and delivers 29,228sqm of premium office space, a 204-key boutique hotel, and ground-floor/podium retail. Key features include a rooftop pool, day spa, gym, and the new public Henry Deane Plaza. The project targets a 6-star Green Star and 5.5-star NABERS Energy rating.
Mariyung Fleet (New Intercity Fleet)
The Mariyung Fleet is a 610-carriage double-deck electric train fleet (D sets) replacing the ageing V-set and Oscar fleets across the NSW intercity network. Delivered by the RailConnect NSW consortium (UGL, Hyundai Rotem, Mitsubishi Electric Australia), the trains feature wider 2x2 seating with arm rests, tray tables and cup holders, charging ports, dedicated luggage, pram and bicycle spaces, accessible toilets, dedicated wheelchair spaces, CCTV, digital information screens and Automatic Selective Door Operation. The fleet operates in 4, 6, 8 or 10-car formations. Passenger services commenced on the Central Coast & Newcastle Line on 3 December 2024, on the Blue Mountains Line on 13 October 2025, and on the South Coast Line on 14 April 2026. The South Coast Line rollout begins with seven 4 and 6-car sets, scaling to 16 trains by 2027 with 8-car sets later in 2026 and 10-car configurations in 2027. The project includes the Kangy Angy Maintenance Facility (operated by UGL on a 15-year contract) and extensive corridor upgrades including platform extensions, signalling modifications, balise installation and overhead wiring works.
Atlassian Central
Atlassian Central is a 39-storey, 183-metre tower under construction at 8-10 Lee Street, Haymarket, anchoring the NSW Government's Tech Central innovation precinct adjacent to Central Station. Designed by SHoP Architects and BVN, the building combines a steel exoskeleton with a hybrid mass timber and concrete structure, featuring seven four-storey internal timber 'habitats' built using more than 30,000 cubic metres of cross-laminated timber and glulam. Once complete, it will be the world's tallest commercial hybrid timber building. The tower offers 75,000 square metres of gross floor area (around 59,100 square metres net lettable) and is co-owned by Dexus and Atlassian. The lower five levels integrate a 137-room YHA hostel and the heritage-listed Parcel Shed, which is being adaptively re-used as the building lobby. Sustainability targets include a 50 percent reduction in embodied carbon, 100 percent renewable energy operation, a 5.5-star NABERS Energy commitment and a 6-star Green Star target, supported by an electricity-generating photovoltaic facade. Built and Obayashi Corporation joint venture (BOJV) commenced construction in August 2022. As of mid-2026 the tower has surpassed Milwaukee's Ascent to become the world's tallest hybrid timber tower, with Level 39 top-out scheduled for June 2026 and practical completion targeted for November 2026. Atlassian is expected to occupy five of the seven habitats from late 2028 following fit-out.
Harbourside Redevelopment by Mirvac
A $2 billion transformative mixed-use redevelopment of the former Harbourside Shopping Centre. The project features a 48-storey residential tower with approximately 263 luxury apartments, 35,000 sqm of premium office space, and 10,000 sqm of curated retail and dining. It includes 10,200 sqm of public domain with a 3,500 sqm waterfront park, a widened promenade, and 6,000 sqm of green roofs. Construction is well advanced with the residential tower reaching Level 20 as of late 2025.
Castle Residences
36-storey luxury mixed-use development with heritage integration. 131 Manhattan-style residential apartments above The Porter House Hotel. Community facilities and five-star hotel services including concierge, valet parking and 24-hour security.
Employment
Sydney (South) - Haymarket ranks among the top 25% of areas assessed nationally for overall employment performance
Sydney South's Haymarket region has a highly educated workforce with professional services being strongly represented. Its unemployment rate stands at 1.7%. As of December 2025, there are 14,506 residents employed, with an unemployment rate of 2.4%, which is below Greater Sydney's rate of 4.2%.
However, workforce participation lags behind Greater Sydney's figure, at 62.2% compared to 68.8%. According to Census responses, 38.1% of residents work from home, though Covid-19 lockdown impacts should be considered. Key industries of employment among residents are accommodation & food, professional & technical, and finance & insurance. Haymarket has a significant specialization in accommodation & food, with an employment share 4.3 times the regional level.
Conversely, health care & social assistance shows lower representation at 6.3% compared to the regional average of 14.1%. The area functions as an employment hub, hosting more jobs than residents and attracting workers from surrounding areas, with a ratio of 2.6 workers per resident as at the Census. Over the 12 months to December 2025, labour force levels decreased by 0.1% while employment decreased by 0.5%, resulting in an unemployment rate rise of 0.4 percentage points. In contrast, Greater Sydney recorded employment growth of 2.2%. Jobs and Skills Australia's national employment forecasts from May-25 project national employment to expand by 6.6% over five years and 13.7% over ten years. Applying these projections to Haymarket's employment mix suggests local employment should increase by 6.7% over five years and 13.3% over ten years, assuming constant population projections for illustrative purposes.
Frequently Asked Questions - Employment
Income
Income levels sit below national averages according to AreaSearch assessment
The Sydney (South) - Haymarket SA2 had a median taxpayer income of $42,667 and an average income of $95,679 in the latest postcode level ATO data aggregated by AreaSearch for financial year 2023. This places it in the top percentile nationally, contrasting with Greater Sydney's median income of $60,817 and average income of $83,003. Based on Wage Price Index growth of 10.32% since financial year 2023, current estimates would be approximately $47,070 (median) and $105,553 (average) as of March 2026. According to the 2021 Census figures, household income ranks at the 73rd percentile ($2,108 weekly), while personal income sits at the 52nd percentile. Distribution data shows that 34.6% of the community (8,566 individuals) earn between $1,500 and $2,999, consistent with broader trends across the broader area showing 30.9% in the same category. Economic strength is evident through 31.0% of households achieving high weekly earnings exceeding $3,000, supporting elevated consumer spending. High housing costs consume 25.8% of income, though strong earnings still place disposable income at the 58th percentile and the area's SEIFA income ranking places it in the 8th decile.
Frequently Asked Questions - Income
Housing
Sydney (South) - Haymarket features a more urban dwelling mix with significant apartment living, with a higher proportion of rental properties than the broader region
In Sydney (South) - Haymarket, as per the latest Census, 0.1% of dwellings were houses while 99.9% were other types such as semi-detached and apartments. This contrasts with Sydney metropolitan area's 55.9% houses and 44.1% other dwellings. Home ownership in Sydney (South) - Haymarket stood at 12.0%, with mortgaged properties at 11.0% and rented ones at 76.9%. The median monthly mortgage repayment was $2,600, higher than the Sydney metro average of $2,427. Median weekly rent in the area was $620, compared to $470 for Sydney metro. Nationally, Sydney (South) - Haymarket's mortgage repayments were significantly higher at $1,863 and rents substantially above the national figure of $375.
Frequently Asked Questions - Housing
Household Composition
Sydney (South) - Haymarket features high concentrations of group households and lone person households, with a lower-than-average median household size
Family households account for 50.3% of all households, including 9.2% couples with children, 33.5% couples without children, and 4.5% single parent families. Non-family households constitute the remaining 49.7%, with lone person households at 30.4% and group households making up 19.3%. The median household size is 2.3 people, which is smaller than the Greater Sydney average of 2.7.
Frequently Asked Questions - Households
Local Schools & Education
The educational profile of Sydney (South) - Haymarket exceeds national averages, with above-average qualification levels and academic performance metrics
Educational attainment in Sydney (South) - Haymarket shows significant advancement, with 53.0% of residents aged 15 years and above holding university qualifications compared to the national average of 30.4% and the NSW average of 32.2%. This high level of educational attainment is attributed primarily to bachelor degrees, held by 36.2% of residents in this area. Postgraduate qualifications follow at 15.1%, with graduate diplomas at 1.7%. Vocational credentials are also prevalent, with 26.1% of residents aged 15 years and above holding such qualifications, including advanced diplomas (18.9%) and certificates (7.2%).
Educational participation is notably high in this area, with 43.9% of residents currently enrolled in formal education, comprising 12.8% in tertiary education, 2.0% in primary education, and 1.6% pursuing secondary education.
Frequently Asked Questions - Education
Schools Detail
Nearby Services & Amenities
Transport
Transport servicing is high compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility
Public transport analysis shows 93 active stops operating within Sydney South - Haymarket. These stops offer a mix of ferry, train, light rail, and bus services. There are 111 individual routes collectively providing 72,289 weekly passenger trips. Transport accessibility is rated excellent with residents typically located 147 meters from the nearest stop. As a primarily residential area, most commute outward. Walking is common at 29%, followed by train at 28% and bus at 17%.
Vehicle ownership averages 0.1 per dwelling, below the regional average. A high 38.1% of residents work from home (2021 Census). Service frequency averages 10,327 trips per day across all routes, equating to approximately 777 weekly trips per stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
Sydney (South) - Haymarket's residents boast exceedingly positive health performance metrics with very low prevalence of common health conditions across all age groups
Sydney South - Haymarket demonstrates favourable health outcomes according to AreaSearch's assessment. Mortality rates and chronic condition prevalence are very low across all age groups. Private health cover is exceptionally high at approximately 69% of the total population (17,010 people), compared to 59.9% in Greater Sydney and a national average of 55.7%.
The most prevalent medical conditions are asthma and mental health issues, affecting 2.9 and 2.9% of residents respectively. Ninety-point-nine per cent of residents declare themselves completely clear of medical ailments, compared to 74.6% in Greater Sydney. Four-point-one per cent of residents are aged 65 and over (1,017 people), lower than the 15.5% in Greater Sydney. Health outcomes among seniors align with national rankings and are broadly in line with the general population.
Frequently Asked Questions - Health
Cultural Diversity
Sydney (South) - Haymarket is among the most culturally diverse areas in the country based on AreaSearch assessment of a range of language and cultural background related metrics
Sydney South's Haymarket area is one of Australia's most culturally diverse regions, with 76.0% of residents speaking a language other than English at home and 82.9% born overseas. The predominant religion in Haymarket is Buddhism, at 30.2%, significantly higher than Greater Sydney's average of 4.1%. In terms of ancestry, the top groups are Chinese (33.5%), Other (33.3%), and English (9.1%).
Notably, Korean (3.1%) and Spanish (0.8%) are overrepresented compared to regional averages of 1.1% and 0.6%, respectively. Vietnamese representation is also higher at 2.2%.
Frequently Asked Questions - Diversity
Age
Sydney (South) - Haymarket hosts a very young demographic, ranking in the bottom 10% of areas nationwide
Sydney (South) - Haymarket's median age is 30 years, which is younger than Greater Sydney's average of 37 and Australia's median of 38. Compared to Greater Sydney, Sydney (South) - Haymarket has a higher percentage of residents aged 25-34 (43.5%) but fewer residents aged 5-14 (1.9%). This concentration of 25-34 year-olds is significantly higher than the national average of 14.6%. Post-2021 Census data shows that younger residents have lowered the median age by 1.1 years to 30. Notably, the 35-44 age group has grown from 19.8% to 21.1%, while the 25-34 cohort increased from 42.3% to 43.5%. Conversely, the 55-64 age group has declined from 5.0% to 3.5%. Population forecasts for 2041 indicate substantial demographic changes for Sydney (South) - Haymarket, with the 25-34 cohort projected to grow by 22%, adding 2,407 residents to reach a total of 13,178.